MimbleWimbleCoin (MWC)

MWC is an in-progress implementation of the MimbleWimble protocol. Many characteristics are still undefined but the following constitutes the first set of choices:

• Clean and minimal implementation, and aiming to stay as such.
• Follows the Mimblewimble protocol, which provides hidden amounts and scaling advantages.
• Cuckoo Cycle proof of work in two variants named Cuckaroo (ASIC-resistant) and Cuckatoo (ASIC-targeted).
• Relatively fast block time: one minute.
• Fixed block reward over time with a decreasing dilution.
• Transaction fees are based on the number of Outputs created/destroyed and total transaction size.
• Smooth curve for difficulty adjustments.